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Govt launches bond swap
The Philippines will offer at least P40 billion of new bonds in exchange for existing debt to cut financing costs and broaden the market.
Bankard sells Visa shares to Bank of Nova Scotia
By Eileen A. Mencias
Bankard Inc., a subsidiary of Rizal Commercial Banking Corp., sold all its shares in Visa Inc. to Bank of Nova Scotia at a discount, Bankard said in a disclosure to the stock exchange.
Peza upbeat on ?09 investment prospects
By Elaine Ramos Alanguilan
The Philippine Economic Zone Authority said it remains upbeat on investment prospects this year.
Benguet suspends Kingking mining job
By Jenniffer B. Austria
Benguet Corp. has suspended exploration activities in its copper-gold project in Compostela Valley pending a dispute with partner Nationwide Development Corp.
Napocor to file new petition this week to raise rates
By Alena Mae S. Flores
State-owned National Power Corp. plans to file a new petition this week to increase basic rate nearly a month after the Energy Regulatory Commission rejected an earlier request to raise tariff by P0.3685 per kilowatt-hour.
Inquirer gobbles its future
 UP until recently, Inquirer.net editor-in-chief JV Rufino believed that his 24-7 Web site operation was the future, and that the Inquirer.net would save the ?old technology? Inquirer newspaper from extinction.
Beer in my petrol
By Gerry Geronimo
For all I know, San Miguel Corp.?s looming acquisition of control of Petron Corp. is the best thing that could ever happen to us who try not to drive too soon after having drank. At the very least, it would be a very interesting bar room bet whether the man who had the capability of sending a private plane to rescue the loving husband of an equally loving wife from gastro-intestinal discomfort that, inconveniently or conveniently, manifested itself while en route to the home of the brave and land of the free, also has the power of mixing beer with gasoline.
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